Targus Technologies goes on an Expansion Spree globally

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Targus Technologies goes on an Expansion Spree globally

Targus Technologies is currently on an expansion drive. The company is keen on stepping up its footprints in markets across globe and is now targeting Australia, Japan, Singapore and Africa. The company's operation in Singapore has already begun with a new office that was opened a few months ago in Singapore.

Under its expansion plans, the company is targeting at various kinds of clients, namely the large corporate and telecom operators overseas. To boost its business opportunities outside India, Targus has established an International Business Group (IBG). The company also has aggressive plans to spread its wings and accomplish business development across verticals such as commercial and mid-market clients, particularly those pertaining to the telecom sector. In future, Targus Technologies may come up with tie-ups with companies in the aforementioned countries.

According to Col. (Retd.) Balwinder Singh, Director, Targus Technologies Pvt. Ltd., "Targus Technologies is looking forward to a vigorous expansion drive across the globe. Envisioning our future plans, we recently chose Singapore to operate in Southeast Asia and opened an office there as Singapore offers a strategic location. In 2010, the volume of revenue generated from Singapore was 1 million USD. Hence, we are planning to invest more here so as to achieve our target of 10 million USD in 2011. Also, we are focussing on Australia, Japan and Africa. The latter has a huge potential as it is still a developing market. Though Australia and Japan are developed markets, we still find a lot of scope for us there and we are expecting to enter into a consortium with like-minded companies in order to boost our proliferation."

For its globally distributed customers, Targus Technologies has set up a state-of-the-art remote infrastructure management centre in Gurgaon, which monitors and manages the IT infrastructure of many companies in real time.

For More Details See
www.varindia.com

Comments

Post a Comment

Popular posts from this blog

N Chandrasekaran appointed chairman of Tata Sons

Image
The board of directors of Tata Sons, at its meeting has unanimously appointed N Chandrasekaran as executive chairman, Tata Sons. N Chandrasekaran shall take charge from February 21, 2017. The board of Tata Sons said, “Chandrasekaran has demonstrated exemplary leadership as the chief executive officer and managing director, Tata Consultancy Services. We believe he will now inspire the entire Tata group to realise its potential acting as leaders in their respective businesses, always in keeping with our value system and ethics and adhering with the practices of the Tata group which have stood it in good stead.” Chandrasekaran was the chief executive officer and managing director of Tata Consultancy Services since 2009. A Tata lifer, he had joined the company in 1987 and was appointed as a director on the board of Tata Sons on October 25, 2016.
Read more

Fake GST invoice scam; 215 people arrested, ₹700 cr recovered

Image
Fake GST invoice scam; 215 people arrested, ₹700 cr recovered:  The   Directorate General of GST Intelligence (DGGI)   has recovered more than ₹700 crore from the arrested 215 people and in the last two months. The individuals who have been arrested for   GST fake invoice frauds   and are fly-by-night operators who fraudulently avail, pass on and utilize input tax credit (ITC) in multi-layered scams. The GST intelligence authorities have also registered over 2,200 cases and have unearthed more than 6,600 fake   GSTIN   entities. “Out of the 215 arrests so far there are 71 masterminds, 81 proprietors, 36 director/managing directors, 15 partners, 3 CEOs, 6 chartered accountants and one each of company secretary, broker, and GST practitioner,” the statement said.   The recent usage of data analytics, data-sharing and AI along with BAFTA tools has helped the agency to detect fraudsters with precise inputs. The DGGI in its statement also said that the arrested include several managing dir
Read more

Visa buys NFT based CryptoPunk and paid $150,000 in Etherium

Image
Visa buys NFT based CryptoPunk and paid $150,000 in Etherium:  Leader in the digital payments   Visa   has purchased a digital CryptoPunk for $150,000, marking the company's first ever   NFT   purchase. The deal is clearly shows that, Visa is stepping into the world of NFTs with its purchase of   CryptoPunk 7610 .   Going forward, NFTs and Visa to align and integrate them in new brand strategy to gain a sizable market share. However, NFTs have often been compared to physical collectible items like rare trading cards and works of art.   The CryptoPunk 7610, which feBlatures a female punk with a mohawk and large green eyes. "We envision there could be a future where your crypto address becomes as important as your mailing address," Visa's Head of Crypto said.   An NFT - which stands for non-fungible token - is a unique digital asset designed to represent ownership of a virtual item. Unlike bitcoin and other cryptocurrencies, NFTs can’t be exchanged like-for-like with an
Read more